Private Sector Credit in Nigeria increased to 32198242.36 NGN Million in May from 31822919.06 NGN Million in April of 2021. source: Central Bank of Nigeria (CBN)
Private Sector Credit in Nigeria averaged 8589465.70 NGN Million from 1993 until 2021, reaching an all time high of 32198242.36 NGN Million in May of 2021 and a record low of 81687.64 NGN Million in January of 1993. This page provides - Nigeria Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Private Sector Credit - values, historical data and charts - was last updated on July of 2021.
Private Sector Credit in Nigeria is expected to be 29300000.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Nigeria to stand at 26800000.00 in 12 months time. In the long-term, the Nigeria Private Sector Credit is projected to trend around 27000000.00 NGN Million in 2022 and 26000000.00 NGN Million in 2023, according to our econometric models.